HC Deb 04 November 1971 vol 825 c14W
Mr. Sillars

asked the Secretary of State for Trade and Industry what is the total amount of Government money so far paid to the Upper Clyde Shipbuilders Receiver.

Mr. Ridley:

Payments made to the liquidator of Upper Clyde Shipbuilders, Ltd. total £4 million to date, of which approximately £2.7 million is recoverable. The Government are prepared to make up to a further £1.5 million available to the liquidator as working capital, but no payments have so far been made.